Shares of The Swatch Group AG (OTCMKTS:SWGAY - Get Free Report) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $8.32 and last traded at $8.37, with a volume of 199504 shares trading hands. The stock had previously closed at $8.55.
Wall Street Analysts Forecast Growth
Separately, Royal Bank of Canada lowered The Swatch Group from a "hold" rating to a "strong sell" rating in a research note on Thursday, January 9th.
Get Our Latest Stock Analysis on The Swatch Group
The Swatch Group Stock Performance
The stock's 50-day simple moving average is $9.20 and its two-hundred day simple moving average is $9.37.
About The Swatch Group
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The Swatch Group AG designs, manufactures, and sells finished watches, jewelry, and watch movements and components worldwide. The company operates through Watches & Jewelry and Electronic Systems segments. The Watches & Jewelry segment designs, produces, and commercializes watches and jewelry.
Further Reading
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